Third quarter growth of TOYA S.A. Capital Group

Third quarter growth of TOYA S.A. Capital Group

TOYA S.A. published a financial report on November 9, 2023, for the three quarters of 2023. The Capital Group recorded growth in sales revenue and net profit.

The sales revenue of TOYA S.A. Capital Group for the three quarters of 2023 amounted to PLN 554,693 thousand compared to PLN 547,786 thousand in the corresponding period of 2022. Meanwhile, the net profit increased to PLN 53,439 thousand from PLN 52,085 thousand the previous year.

The wholesale channel had the most significant impact on achieving positive financial results, with revenues in this channel increasing by PLN 10,439 thousand, i.e., by 4% compared to the three quarters of the previous year. The leading sales channel for the Group - wholesale - also maintains a high profitability level at 34%. Meanwhile, e-commerce sales recorded a 4.8% improvement compared to the corresponding period the previous year.

Among the companies within the Capital Group, it is worth noting the over 3% increase in sales at TOYA Romania SA. The company is consistently strengthening its position in the local market, including initiating a promising collaboration with the network Bricostore Romania SA.

Detailed financial report can be found here.

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